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Showing 20 of 586 results by J_Dubbs
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(Unknown Title)
by
J_Dubbs
on 25/01/2020, 02:30:00 UTC
Stealth rig at work. Only 1400 kh/s for now. A 7970 and a pair of 5850's, soon to be joined by a 7950. That stand is an old PictureTel unit I was given that I gutted.  Tons of room in these things and designed for cooling.  There's also a Logitec sub in the bottom compartment as the Unit's "Clark Kent" theme is my jukebox/workstation.


https://dl.dropboxusercontent.com/u/10845317/2013-08-05%2018.20.25.jpg
https://dl.dropboxusercontent.com/u/10845317/2014-01-21%2009.10.17.jpg

Nice design. But I hope you are not stealing your employer's electricity, that would be just asking for trouble...

My electrical usage is allowed. I just don't want expensive hardware hanging out in the open. I'm not going to build a farm at work, lol.  This is a test rig to check the viability of the whole thing.  Being as I'm there 6-7 days a week it made sense to put it where I am the most. I have a much larger installation pending for the house.

I´ve got plenty of experience running stealth rig at work several months ago - I´ve been treated like malicious hacker and charged with industrial espionage and pasword breaking, when some coworker found my rig.. No fun at all

 Cheesy Cheesy Cheesy

That's hilarious! I've toyed with the idea of ditching a few USB miners around my office hooked up to Raspberry Pi, this was a few months ago. Never had the balls to do it though, work for a big company in a job I like and just not worth the risk of them launching an Agent Smith crew of IT guys on me...
Post
Topic
(Unknown Title)
by
J_Dubbs
on 25/01/2020, 02:29:00 UTC
Post
Topic
(Unknown Title)
by
J_Dubbs
on 25/01/2020, 02:29:00 UTC
So are people still mining with GPUs?

I'd like to introduce you to my friend litecoin

Yes, I'm aware, but isn't this the Bitcoin forum??
Post
Topic
(Unknown Title)
by
J_Dubbs
on 25/01/2020, 02:29:00 UTC
So are people still mining with GPUs?
Post
Topic
Board Off-topic
Re: Bitcoin community is rising.
by
J_Dubbs
on 08/12/2017, 16:31:10 UTC
What do you think a about it? is it good or bad for bitcoin?
Of course it's good. New investments are attracted, the capitalization of the crypto-currency market is growing, so the prices for crypto-currencies are becoming more expensive.
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Board Bitcoin Discussion
Re: What if a person died with BTC!!
by
J_Dubbs
on 08/12/2017, 16:27:24 UTC
What will happen??

No one will have the BTC address. Hence will them isolated?

In FIAT, people can handover money to someone.. So, i predict BTC will be disappeared gradually.
I think people are not so stupid as not to leave passwords for their next of kin, the heirs will receive all the savings of the deceased and will live happily.
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Topic
Board Bitcoin Discussion
Re: What do you think are the biggest disadvantages of Bitcoin?
by
J_Dubbs
on 08/12/2017, 16:24:17 UTC
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink
I think that the worst thing about bitcoins is its already high prices for transactions and the fact that transfers can go a few days before the appointment. Shocked Cool
Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin or Ethereum
by
J_Dubbs
on 08/12/2017, 16:22:39 UTC
I want to buy some coins.Now the Btc price is around 10000$.best thing is buy btc or ethereum now
Recently, bitcoin has shown itself very well, it seems to me that soon it will be a turn to grow the air. Therefore, I keep it in long and do not sell until it grows at least 2 times.
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Topic
Board Bitcoin Discussion
Re: Sustainability of BTC
by
J_Dubbs
on 08/12/2017, 16:06:29 UTC
With the power requirements to run the BTC network continually increasing... what is the long term solution?  It doesn't seem viable that it can go on forever like this.  Anyone have good insight?  It's easy to just assume... "well there will be cheaper energy in the future" or "BTC will just switch to POS".... I guess I'm looking for answers with a little more substance and detail.  Thanks! 
I also do not really understand and understand the miner's issues, but it seems to me that soon bitcoin will replace a more promising and profitable currency. Which will be more profitable to mine. For example, such currency as Bitshares. Wink
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Topic
Board Bitcoin Discussion
Re: McDonalds to accept Bitcoin by 2018
by
J_Dubbs
on 08/12/2017, 16:03:49 UTC
Soon every store and restaurant will accept payment in bitcoins, perhaps you will see it next year in your city. This process can not be stopped, friends. Wink
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Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
J_Dubbs
on 08/12/2017, 16:03:11 UTC
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this. Tongue Roll Eyes
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Topic
Board Bitcoin Discussion
Re: Is BTC the new gold ?
by
J_Dubbs
on 08/12/2017, 16:00:21 UTC
How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.

As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:

- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions

What do you think ?
Do you hold like you holding the gol a decade ago ?
I also think that soon other faster, cheaper and more promising crypto-currencies can replace bitcoins due to their speed on transactions and low prices for commissions. Such crypto-currencies as Bitchares and others. But replacing bitcoin is not so easy. This is already an established currency in its place. Wait and see. Cheesy
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Topic
Board Bitcoin Discussion
Re: If bitcoin will be used in our daily transactions.
by
J_Dubbs
on 08/12/2017, 14:20:31 UTC
If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
Yes, in 2-3 years it is quite possible that we will see new subjects and lessons in educational institutions and schools aimed at studying bitcoins.
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Board Bitcoin Discussion
Re: Bitcoin surpasses $19,000 on Coinbase!
by
J_Dubbs
on 08/12/2017, 14:18:21 UTC
UP TODAY ALONE 52.84% or $6,609.90 (at time of writing).

Is it only me, or is a nearly 55% daily increase seem to be a bit dangerous?

It seems to me that this unreal growth is caused by artificial means and due to the large number of forks of bitcoins.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Price Increase Per Year
by
J_Dubbs
on 02/12/2017, 18:31:29 UTC
Bitcoin has went up a lot.  People talk about bitcoin now hitting 50k or 100k.  And some even mention 500k or 1 million.


Now if you put 10k in anything, i know 10 percent is very good as a bank gives less than 1 percent.  I believe if you could make 10 percent in stocks in a year, that is great.  But 10k only nets you 1000.  With how much bitcoin has gone up and people talking about bitcoin being 20k, 50k, 100k, 500k and 1 million in the future, how much in price increase with bitcoin per year would satisfy most bitcoin holders/investors?


If bitcoin on average say goes up 5000 usd every year, would most investors be happy happy?  Thus 10k, then 15k, 20k etc?  That would be a 50 percent roi, then 33 percent roi and then it would keep lowering.  But it would still increase 5k a year.  Would most bitcoin holders take that immediately?  Obviously if bitcoin never went up that much recently, then of course.  But with how much bitcoin has risen, are bitcoin holders/investors wanting that 10k to go to 30k or 50k in a year now?  In a way its making us want it to go higher than we even expect it to be.


What about it going up by 50 percent every year?  Thus a 50 percent roi every year?  Thus goes from 10k to 15k then 22500 then 33750 then about 50k etc.  Would most people here gladly take this?  Would there be people here that would not be satisfied with it since many want to to 5x, 10x, 50x, 100x etc?  I feel like if you have a decent amount of btc, almost everyone would take it.  But you have very little btc, its not worth it.


Also when i hear bitcoin being 50k or 100k or 500k or 1 million in the future... i mean one guy said he think btc hit 500k in 3 years but now says 1 million.  If thats the case, let say 500k... that btc would go from 10k to 50k to 150k to 500k... something like that right?


The other thing is if btc did went up to 100k... i mean could you imagine the daily swings?  I mean btc could go from 100k to 90k in one day or more.  That would be insane.  Because the higher the price, the bigger the dollar swings right?


Also im curious but when will people cash out their bitcoin?  If you have very little, i could understand you not cashing out until it hits 50k or more etc.  But you have a have say a decent amount... let just say 5 or more... i mean who here would not cash it out if it were to hit 500k?  That would be 2.5 million dollars.  Actually since btc is up to 10k already, even 1 btc is a lot of money already.  I mean how many people even have at least 1 btc?


But im curious what would make the general bitcoin holder/investor happy in terms of price increase.  I mean if it doubles every year, surely everyone would take that right... those who own a decent amount?  I mean if you have 1 btc, you would be ecstatic if it doubles right?


A lot of text, but the general meaning is clear. The question could be included in one sentence) what to do when bitcoin grows 10 times more? What's the difference, invest and happiness will come to you. Maybe while you were writing this text, you could earn a fortune) Wink
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Topic
Board Bitcoin Discussion
Re: Bitcoin's impact on Alt coins
by
J_Dubbs
on 02/12/2017, 18:24:49 UTC
I purchased several thousand shares of Groestlcoin when it was around .50 cents per share. At the time that was equivalent to approximately 7000 satoshis. At this moment Groestlcoin is at .75 cents per share yet still at 7000 satoshis due to the price increase of Bitcoin? I see many people hoping that Bitcoin fails so that the Alt coins can surge in price. If Bitcoin were to burst I see the opposite affect happening unless someone can enlighten me, I only have a few months experience with cryptos. Here I am thinking my money is safe because I don't own Bitcoin but if Bitcoin bursts and 7000 satoshis is then worth .5 cents that is a tremendous loss. Groestlcoin hit a high of $1.57 at around 20,000 satoshis. 20,000 satoshis is now worth over $2.25. Can anyone explain this to me. Is my assertion correct that Bitcoin has a direct impact and that all altcoins will suffer greatly if/WHEN it bursts?
If bitcoin goes down, he will pull all the altcoins behind him. I think that we need a parallel trend bitcoin, so that the altcoy can freely grow. Wink
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Topic
Board Bitcoin Discussion
Re: Bitcoin to the Moon? India Embracing Bitcoin With Both Hands!
by
J_Dubbs
on 02/12/2017, 18:23:08 UTC
What effect over a billion people have on the prices of BTC. Bitcoin has been garnering great traction over the past few months. Grin

https://www.cryptoniam.com/record-number-of-indian-investors-noticed-after-bitcoin-boom/
In 5 years we will be very surprised by the cost of bitcoin. But the fact that India is connected is waiting for the whole world. Soon we will see new record growth rates of the Crypto-currency.
Post
Topic
Board Speculation
Re: what you think about bitcoin in like 5 years?
by
J_Dubbs
on 02/12/2017, 18:17:41 UTC
bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
Personally, I would not be surprised if bitcoin grows to $ 15k by the end of the year. Now there is no reason for a strong drop in bitcoin and the market is on a positive trend.
In 5 years we will be very surprised by its cost Wink
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Topic
Board Bitcoin Discussion
Re: Is this Bitcoin run sustainable?
by
J_Dubbs
on 02/12/2017, 18:16:12 UTC
I'm beginning to fear that this Bitcoin run up is a bit too fast and a bit of a bubble. Does anyone else get the same feeling?

I will be really surprised if we close out the year above 10k....
Personally, I would not be surprised if bitcoin grows to $ 15k by the end of the year. Now there is no reason for a strong drop in bitcoin and the market is on a positive trend.
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Topic
Board Bitcoin Discussion
Re: Wall street move into Bitcoin next month
by
J_Dubbs
on 02/12/2017, 18:14:25 UTC
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics

Finally, an adequate idea on this forum. Of course, bitcoin will still show us what he is capable of and this is not yet the limit of his growth. We are waiting, we believe, we hope, we fix profit Wink